Analyst Commentary

Widespread growth across segments highlights VMware’s timely portfolio and go-to-market enhancements

Momentum in hybrid cloud and SaaS continues to benefit VMware’s top line

VMware (NYSE: VMW) posted strong results in 2Q17, growing top-line revenue 12.2% year-to-year to $1.9 billion, with license growth of 13.7% year-to-year. Quarterly results displayed progress across VMware’s portfolio of products and services, particularly in key growth areas such as hybrid cloud and SaaS, which together now account for 9% of total revenue. We expect the availability of VMware Cloud on Amazon Web Services in 2H17 and its long-s...

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